News

CEO Thomas Beregi comments on FY17 results & US business outlook

Thursday, 10 Aug 2017

CEO Thomas Beregi talks with CommSec's Tom Piotrowski about the company’s full year results, its guidance of earnings growth of between 9-14% for FY18 and the outlook for its US business.

 


Credit Corp produces 20% earnings growth and a strong outlook

Tuesday, 01 Aug 2017

Credit Corp Group Limited (Credit Corp) reports the following highlights for the 2017 financial year:

  • 20% growth in Net Profit After Tax (NPAT) to $55.2 million

  • Record 9 year compound annual earnings growth of 28%

  • Doubling of NPAT from the fast-growing lending division to $12.3 million

  • US division turnaround into a profitable driver of earnings growth

These results are a function of strong core debt purchasing business operations and impressive contributions from the company’s organic expansion into consumer lending and US debt purchasing.

Read the Media Release | Watch the Presentation | View the Financials